Property firms seek funds from stock market

2007-09-17 10:26:41

Property developers are striving to get their piece of the bull market this year through IPOs, listings through shell companies and placements.

Commercial banks warned no credit for profits

2007-09-16 10:09:31

The central bank said commercial banks should not pursue higher profits via extension of loans against the backdrop of excessive liquidity.

Fund net investment income decrease in the 3rd quarter

2007-09-15 11:04:22

The China Fund announced Friday that its net investment income decreased in the third quarter.

Interest rate raised for 5th time this year

2007-09-15 08:23:37

The central bank raised interest rates for the fifth time this year on Friday as part of its efforts to arrest the rising inflation graph.

Central SOEs to start paying dividends in 2008

2007-09-14 14:13:12

China's central Stated-owned enterprises have been ordered to start paying dividends in 2008, according to a guide released by the cabinet yesterday.

CCB may raise US$7.73b in upcoming IPO

2007-09-14 16:07:08

Hong Kong-listed China Construction Bank will net up to 58.05 billion yuan (US$7.73 billion) selling yuan-backed A-shares in Shanghai.

Coal firm plans record Shanghai share sale

2007-09-14 15:22:17

Shenhua Energy, China's largest coal producer, announced that it planned to issue up to 1.8 billion A shares for a listing in Shanghai.

First stock-oriented QDII fund doubles sales limit

2007-09-15 09:59:48

China's first overseas stock-oriented QDII (qualified domestic institutional investor) fund has been given approval to increase its fund sales limit to 30 billion yuan (US$4 billion).

Urban fixed assets investment up 26.7% in first 8 months

2007-09-14 11:34:13

Investment on fixed assets in China's urban areas rose 26.7 percent year-on-year in the first eight months, the National Bureau of Statistics said.

CSRC: Time ripe to launch corporate bonds

2007-09-13 15:05:33

Time is ripe for China to launch corporate bonds and furthermore, an official with the securities watchdog said.

Double accounting standards unnecessary for B-share companies

2007-09-13 16:41:31

Chinese B-share firms no longer need to provide financial results based on the international accounting standards.

Stocks climb 1.95% in absence of immediate tightening

2007-09-13 16:41:02

In absence of feared "over-night" tightening measures, Chinese stocks moved clearly upward today and took back ground lost due to Tuesday's consumer price index release.